Associate Graduate Underwriter - Alpharetta

If you are a current AzC employee and wish to refer a candidate for this role, please click here for instructions and eligibility criteria   

Cluster:  Allianz Professional

  

Let’s care for tomorrow.  

Your ambitions.  Your dreams.  Your tomorrow  

At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group.  Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyber-attacks, or climate change impacts, AzC has the major risks covered when it comes to protecting businesses.

 

We are looking for an Associate Graduate Underwriter for our Property line of business (lob).  This role will be located in our Alpharetta, Georgia office.

The Associate Graduate Program…

This is a once-in-a-career opportunity to kick start your career with on-the-job learning experience coupled with a structured development program at one of the world’s strongest financial services groups and the leading global insurance brand in the world, Allianz Commercial.

 

This a 12-month internal training program designed to attract, develop, and retain the next generation of insurance professionals. Allianz believes in early career development of our Associates and the Program will support your growth as a well-rounded technical expert and potential future leader.

 

• Employment begins mid-July 2024 and the Program starts in early August of 2024
• Time is split time between structured learning curriculum and on the job experiential learning
• Opportunity to gain a broad base of industry knowledge, function specific expertise as well as personal and professional skills development 
• Ability to network with senior leaders, technical experts, customers, as well as other graduates and early career program participants globally
• Hybrid working environment allowing you to collaborate with and learn from teammates
• Access to an extensive array of Allianz Commercial professional development resources upon Program completion
• Competitive compensation and benefits package
• Travel to onsite week-long workshops at various Allianz offices requires 3-4 times during the Program

 

Your Team  

Allianz Commercial (AzC) specializes in corporate property insurance for the most complex and challenging risk exposures in more than 200 countries and territories. With a focus on larger international risk portfolios, we offer tailor-made 'All Risks' property damage and business interruption insurance through our global network.

 

Our experience speaks for itself, insuring the majority of Global Fortune 500 companies, managing over 1000 global property insurance programs, and fielding an underwriting team averaging over 20 years’ experience, backed up a worldwide team of risk consultants and claims specialists.

 

When it comes to underwriting insurance products for well-known famous sports venues, sports/entertainment facilities, major airlines, retail/wholesale companies, banks and manufacturers, we do it all!

 

The Impact You Will Have  

Reporting to the Regional Property Leader - South, this position will prepare underwriting process within own area of responsibility and expertise and liaise with other functions to ensure timely/accurate policy administration. And develop and maintain peer level relationships with brokers

 

Some of your specific responsibilities could include:  

• Underwriting of new and renewal accounts to meet top and bottom line targets within predefined underwriting authority. Participates in the acquisition of new business and retention of existing business (including client and broker negotiations where necessary) in line with Underwriting Strategy. Proactively prepare relevant underwriting information including client / market research and claims data. Assist in evaluation of Natural Catastrophe Accumulation (for relevant LoBs). Assist in pricing of risks, using global tools as appropriate
• Ensure Underwriting compliance in line with LoB governance framework - e.g., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles. Assist in ensuring contract certainty is achieved on all accounts at time of inception. Assist in ensuring binding of FAC Reinsurance prior to policy inception
• Proactively establish and maintain policy file (whether electronic or paper) for each risk and transaction handled. Ensure accurate policy documentation issued to broker (where AzC responsibility to do so) or broker has issued documentation (where broker responsibility). Support administration of International Insurance Programs (for relevant LoBs)
• Manages timely and acc